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re: Obama's Farewell Address and what you will remember him for.

Posted on 1/12/17 at 6:22 pm to
Posted by TeLeFaWx
Dallas, TX
Member since Aug 2011
29179 posts
Posted on 1/12/17 at 6:22 pm to
quote:

Saudi oil production by year: 2009 8,250,000 2010 8,900,000 2011 9,458,000 2012 9,832,000 2013 9,693,000 2014 9,735,300 2015 10,045,600 2016 10,625,000 That's a 29% increase (between 2009 and 2016) for the nation that produces the most oil on the planet. That increase is greater in magnitude than the entire production of any nation outside the top 10 oil producers. And you think that's "pretty constant"? Okay.


Now compare that to the increase in global demand and the increase in US oil production...


quote:

I guess they didn't teach reading comprehension at the school where you got your engineering degree. I didn't say oil is subsidized like corn. Corn is an example of a government subsidy increasing the supply of a good. I actually didn't say oil is subsidized at all. You want oil to be subsidized. You call it "pro-oil", I call it crony capitalism. If you want policies you believe are unfair to the oil industry to be changed, but not favoritism or cronyism, then you should say you want the government to be "oil-neutral", not "pro-oil".


If you think I've advocated for oil being "subsidized" by wanting government to be "pro-oil", then you're placing a ridiculous and arbitrary definition that's not rooted in anything other than ignorance. I won't change labeling my stance on wanting government to be "pro-oil" because you are a weirdo.
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